Dr Cr .com
Helping you understand accounting through
video, books, links, articles, and more ...

(242 videos)

Accounting Abbreviations:

• ABC: Activity Based Costing
• AJE: Adjusting Journal Entry
• AP: Accounts Payable
• AR: Accounts Receivable
• AT: Asset Turnover
• BB: Beginning Balance (see also: EB)
• BV: Book Value
• CJE: Closing Journal Entry
• CM: Contribution Margin (= Sales less Variable Costs)
• COGM: Cost Of Goods Manufactured
• Cr: Credit
• CVP: Cost-Volume-Profit
• Dr: Debit
• EB: Ending Balance (see also BB)
• EPS: Earnings Per Share
• EVA: Economic Value Added
• FIFO: First In, First Out (see also: LIFO)
• FC: Fixed Costs (see also: VC)
• FS: Financial Statements
• FYE: Fiscal Year End; (e.g.: FYE2010)
• GAAP: Generally Accepted Accounting Principles
• GL: General Ledger
• IS: Income Statement
• ISO: International Standards Organization
• JE: Journal Entry
• JIT: Just In Time
• LIFO: Last In, First Out (see also: FIFO)
• LOC: Line of Credit
• NI: Net Income
• OH: Overhead
• PL: Profit/Loss Statement
• PM: Profit Margin
• PVA: Process Value Analysis
• RE: Retained Earnings
• ROI: Return On Investment
• SAG Expenses: Selling, Administrative, and General Expenses
• SHE: Stockholders Equity
• SP: Sales Price (price of goods/services sold)
• TB: Trial Balance
• VC: Variable Costs (see also: FC)
• WIP: Work-In-Progress